A brief historical background on establishing the Institute for Computational and Applied Mechanics (ICAM) is presented and basic goals and objectives are discussed. It is emphasized that the goal of the ICAM has been to develop and maintain a self-sustaining center of excellence in computational methods at Old Dominion University (ODU). Information is provided on funding sources and budget disposition, recent activities and accomplishments, list of graduate students supported on the program, and number of students who received graduate degrees (M.S. as well as Ph.D.). Information is also provided on research coordination with various scientists and engineers, and on different reports specifically written for ICAM. ICAM has been supported, in part, by NASA Langley Research Center through Grant NAG-1-363. This report constitutes the final report for ICAM for the period ending December 1996. The grant has been monitored by the University Affairs Officers at NASA Langley.